Analysts see oil price plunging through 2008-low

The oil prices this week dropped to the lowest levels since 2009, but this does not look like the final stop for the plummeting oil price. Analysts project that the lows experienced in 2008 will likely be surpassed, and that the price could slide even further.
Photo: Weatherford PR
Photo: Weatherford PR

The two benchmark oils - North Sea Brent and West Texas Intermediate - are current hovering at USD 40.91 and USD 38.41, respectively, which represent the lowest prices since 2009.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading